banner_ad

Service Tax on GTA

This query is : Resolved 
Profile Image

Profile Image

(Querist)
26 November 2009 COMPANY HAS NOT PAID SERVICE TAX ON GTA AND ALSO NOT TAKEN CREDIT.

CENTRAL EXCISE AUDITORS FOUND THE MISTAKE REPORT THAT CO. SHOULD HAVE TO PAY GTA AMOUNT BY CASH AND THEN TAKE CREDIT.

BUT THE CO. HAVE HUGE DEBIT BALANCE IN HIS CENVAT A/C SO THAT CO. IS READY TO REVERSE THE SAID AMOUNT IN THE CENVAT A/C WITHOUT PAYING CASH

IS IT POSSIBLE TO DO LIKE THIS?
Profile Image

Nischint Kumar Somani

Profile Image

Nischint Kumar Somani (Expert)
26 November 2009 no it can not be paid threw current account it should always be paid in cash...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details